FINANCIAL INFORMATION

A Degree doesn’t have to mean Debt!

MBC values its students graduating unhindered by student loan payments. That is why MBC has chosen to keep its tuition cost low, offer longer weekends for employment options, and provide multiple scholarship opportunities! Our staff is committed to making your education goals affordable!

Cost of Attendance for 2024-2025

(Before scholarships and other aid)

Certificate and Bachelor’s Degrees
2024-2025 Costs per Semester	Full Time – 16 Credits	Full Time – 13 Credits	Part Time – 11 Credits	Part Time – 6 Credits	Part Time – 3 Credits
Tuition ($415 per credit hour)	$6,640.00	$5,395.00	$4,565.00	$2,490.00	$1,245.00
Student Services Fee*	$530.00	$530.00	$530.00	$530.00	$530.00
Books & Supplies**	$400.00	$400.00	$300.00	$200.00	$100.00
Housing***	$1800.00	$1800.00	$ –	$ –	$ –
Food****	$2,875.00	$2,875.00	$ –	$ –	$ –
Total	$12,245.00	$11,000.00	$5,395.00	$3,220.00	$1,875.00
Transportation	$1800.00	$1800.00	$1800.00	$1800.00	$1800.00
Miscellaneous	$1,000.00	$1,000.00	$1,000.00	$1,000.00	$ –
Total + Other Costs	$15,045.00	$13,800.00	$8,195.00	$6,020.00	$3,675.00

* The Student Services Fee covers technology including Microsoft 365, Populi, Wifi, and security; it also covers certain student services as well as student events.
** Books and Supplies include texts and recommended supplies. It does not cover optional materials or lab fees associated with some classes.
*** Student Housing is available on campus for full-time single students. Off-campus housing is available for married students during the 2024-2025 academic year ($900.00 per month). After this, off-campus housing will be available on the open market for married students.
**** MBC does not provide a meal service. Students do their own coooking. The listed food cost figures over $700 per month. Students who choose to cook rather than eating out often are able to significantly reduce this cost.

One-Time Fees
2024-2025 Costs per Semester	Full Time – 16 Credits	Full Time – 13 Credits	Part Time – 11 Credits	Part Time – 6 Credits	Part Time – 3 Credits
Enrollment Deposit *	$150.00	$150.00	$ –	$ –	$ –
Logos Lifetime Subscription **	$300.00	$300.00	$300.00	$300.00	$300.00
Graduation ***	$60.00	$60.00	$60.00	$60.00	$60.00
MS 110 Paleontology ****	$200.00	$200.00	$200.00	$200.00	$200.00
Audit fee per course	$200.00	$200.00	$200.00	$200.00	$200.00
Drop fee per class	$10.00	$10.00	$10.00	$10.00	$10.00
On-Campus Student Housing
Damage Deposit	$250.00	$250.00	$ –	$ –	$ –
Key Badge Deposit	$45.00	$45.00

* Enrollment deposit required for all entering full-time students. Due by August 1st for those enrolling for Fall Semester and by December 1st for those enrolling in Spring Semester.
** Logos Bible Software is required for all degree-seeking students. It is an incredible deal to get the full functionality of the software plus hundreds of books to keep forever. Students can continue to build their Logos library in the future with additional purchases.
*** Graduation fee is assessed to any student graduating that semester with a Certificate or Degree.

Additional Expenses

In preparing for your education, we encourage you to keep in mind additional expenses such as books, insurance, food, and personal expenses. These will vary according to your individual needs. MBC does not have an institutional food service program, so students are responsible to prepare their own food in their dorm kitchens. MBC students are strongly encouraged to carry an adequate health insurance policy if they are not covered under their parents’ policy.

Detailed Cost Breakdown

Tuition	$415.00 per credit hour
Single Student Housing	Dorm Housing	$1,800.00 per semester
	Room Damage Deposits & Cleaning	$250.00 (refundable)
	Annual Maintenance Fee	$100.00
	Key Deposits	$45.00 (refundable)
Married Student Housing	MBC does not have married student housing for incoming students, but we are happy to do what we can to help families find housing. There are affordable apartments close to campus, and there may be connections through certain local churches.	Cost for open market housing in Billings starts about $700 per month. Check out rent.com
Miscellaneous and One-Time Fees
Enrollment Deposit	Required for all entering full-time students. Due by August 1st for those enrolling for Fall Semester and by December 1st for those enrolling for Spring Semester.	$150.00 (applied to tuition)
Student Services Fee	Students taking 6 or more credits or living on campus	$430.00 per semester
Common Areas Fee	Students taking 6 or more credits or living on campus	$100.00 per semester
Logos Software	Single purchase = Lifetime subscription	$300.00
Drop Fee	Due from degree-seeking students for each class drop after the semester begins.	$10.00 per drop
Graduation Fee		$60.00
Lab Fees	Due to the nature of certain courses such as the Dinosaur Dig and other specialized courses which may require transportation or equipment, lab fees may be included. These are listed in the catalog.	$90.00 – $150.00
Audit Fees	No-credit personal enrichment courses	$200.00 per course

MBC reserves the right to adjust tuition and fees at any time.

Payment Plan Information

Montana Bible College offers two payment options to those students taking classes for credit. Under the Up Front Plan, all semester fees are due and payable before the first day of classes. Full-time students with the Up Front Plan will receive a $100 discount on the total semester cost. Any student taking fewer than four credits is required to pay his or her total bill up front with no discount. All students not on the Up Front Plan will be on the Monthly Payment Plan, under which a student may pay in equal installments for the cost of a semester’s tuition, fees, and room over a four-month period. A student is not considered enrolled for the semester until the first installment is received. Failure to make the first payment on time will result in a student being withdrawn from all classes. Grade reports and transcripts will be withheld until the student’s account is paid in full. No student will be allowed to begin a semester until all charges are paid from the previous semester.

Title IV Eligibility

We are in process of applying to allow our students to receive Pell Grants and VA Benefits and will update this page when that approval is granted. We encourage students to fill out the FAFSA since aid may be retroactive.

For the sake of clarity, please be advised that MBC has deliberately chosen not to participate in the federal loan program. The College wishes to do all in its power to protect its students from becoming encumbered with indebtedness.

Montana Bible College is already recognized as a Title IV eligible institution under the Higher Education Act of 1965 (HEA), as amended, so its students may receive deferments under federal student loan programs, and so the institution may apply to participate in federal HEA programs including the Hope and Lifetime Learning Tax Credits. This means that MBC’s students receive the following benefits:

MBC students may defer payment of student loans they’ve incurred while attending other schools.
MBC students are able to take advantage of the tax benefits of attending a federally eligible institution, including deducting funds spent on tuition at MBC. MBC issues form 1098-T to each student at the end of the calendar year to provide proof of expenses and scholarship income related to attendance at Montana Bible College.
MBC students are able to use Hope and Lifetime Learning credits (IRS Form 8863).
MBC students may be eligible for regional and national scholarships that are only available to students attending federally eligible institutions.

SCHOLARSHIP INFO